I found this post valuable for putting a meme “into the water” which, on the margin, I expect made people’s risk assessments more accurate.
While there are probably first-mover disadvantages for highly legible institutions attempting to follow this advice, it seems much more possible for individuals, which makes this an example of an inadequate equilibrium.
I found this post valuable for putting a meme “into the water” which, on the margin, I expect made people’s risk assessments more accurate.
While there are probably first-mover disadvantages for highly legible institutions attempting to follow this advice, it seems much more possible for individuals, which makes this an example of an inadequate equilibrium.